Crypto
Avalanche Price Freezes at $7.50 as DEX Fees Soar 1,150%
The price of Avalanche (AVAX) has stabilized at $7.50 on September 4, 2026, near its daily pivot point of $7.49.
This suggests a market in equilibrium between buyers and sellers, with short-term control held by bulls but no clear indication of a trend reversal.
The daily chart shows conflicting signals, with price trading above both the EMA20 ($7.19) and EMA50 ($6.99), but below the critical resistance level of the EMA200 at $8.43.
On-chain activity has surged, particularly on decentralized exchanges like Pharaoh CL, which saw fees spike 1,150% over 30 days and 112.75% in the last 24 hours.